It's going to be another Dem cakewalk in 24 when indexes are all at new ATHs at the foothills of another 10 year bull market and economic numbers are all booming.
Dems are just far better at economics. 100 years of hiatory makes that unequivocally clear.
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02-03-2023, 10:54 AM #61
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02-03-2023, 10:57 AM #62
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02-03-2023, 10:58 AM #63
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02-03-2023, 10:59 AM #64
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02-03-2023, 11:00 AM #65
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02-03-2023, 11:02 AM #66
- Join Date: Aug 2006
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02-03-2023, 11:03 AM #67
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02-03-2023, 11:04 AM #68
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02-03-2023, 11:05 AM #69
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02-03-2023, 11:08 AM #70
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02-03-2023, 11:09 AM #71
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02-03-2023, 11:10 AM #72
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I've been enjoying bashing Blumpf recently, but I will say that it would have been political suicide for him to get behind the money printer during Covid,.
Not that it mattered in the end because he still wound up tweeting his presidency into the grave come November 2020 but if he had not signed off on the stimulus and money printing, he would have gotten annihilated. Wouldn't have stood a chance.
It was just a really chitty situation all around. I blame the media for blowing the Covid pandemic way out of proportion.*Sit there and don't know what to do when people sing happy birthday to me crew*
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02-03-2023, 11:11 AM #73
Gas: Gas was also low during the Great Recession. Imagine that.
Tax breaks: Awesome, tax breaks primarily for the rich that cause massive deficits.
Record minority unemployment: Unemployment overall and for minorities is lower now than under Trump. Time to update your talking points, bot.
Consumer confidence: Opinion based data.
Record buying: That often happens when the government gives out a lot of free money. Trump set records doing that.
Strange how you forgot to mention Trump has the worst jobs record of any president in our history. Maybe it’s time for you to take his cock out of your mouth?"Too stupid to even figure out the subtitles of trolling." - Vickissick07
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02-03-2023, 11:13 AM #74
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02-03-2023, 11:21 AM #75
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02-03-2023, 11:25 AM #76
- Join Date: May 2006
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02-03-2023, 11:25 AM #77
*Bad things happen under Trump*
Libs: Lol Trump is such an idiot, it has nothing to do with Obama.
*Good things happen under Trump*
Libs: LOL you think Trump had anything to do with that? That was because of an Obama policy
*Bad things happen under Biden*
Libs: basically reverse what they said, somehow all previous admin's fault now
*Good things happen under Biden*
Libs: Also reverse what they said, 100% to do with Biden
You guys are going to pull a groin if you go any harder with your fuking mental gymnastics lmao.-always pick 4 crew
-mod negged crew
-mod repped crew
-Conservative crew
-DeSantis/Trump 2024 crew
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02-03-2023, 11:26 AM #78
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02-03-2023, 11:28 AM #79
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02-03-2023, 11:38 AM #80
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02-03-2023, 11:39 AM #81
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02-03-2023, 11:40 AM #82
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02-03-2023, 11:42 AM #83
This is true but not for the reasons you think.
The problem is JPow wants to crush your average American to advance political agendas.
JPow purposely made inflation seem like a problem that would fix itself, he said no interest hikes in 22 because inflation is "transitory" then said no cuts in 23 because inflation is sticky.
If JPow raised rates in 2021 and got ahead of the inflation before it really took off then inflation never gets as high as it did and JPow doesn't have to raise rates as aggressively as he did.
Why did the Fed raise rates from DEC 2016 to DEC 2018 but not in 2021?
More layoffs are already in the works, people have already lost their jobs, they just don't know it yet.
The good news is everything will look much better economically in 2024.
The bad news is 2024 is an election year lol.I: Self, Lord and Master.
"I rub my hands when my palms itch."
"I call you Son not because you Shine but because you Mine."
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02-03-2023, 11:44 AM #84
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02-03-2023, 11:48 AM #85
You're wrong in so many ways lol.
I've seen you say that many times but I didn't correct you because I didn't have time, well, I got time today!
Trumps tax cuts did increase the amount of money in the average American's pocket but it also increased domestic production, this allowed for Americans to have more money without creating inflation(avg inflation over 4 years was under benchmark at ~1.88%).
The President can't make the Fed do anything, the chairman is not the Fed, the Fed is a group of people making economic decisions together. July 2018 the inflation rate was sitting at 2.9%, the Fed did their job and raised rates before it got out of control(unlike 2021), the Fed then started cutting rates when inflation came down to 1.7% in Aug 2019 as they should have. Trump's influence on the Fed amounted to annoyance lol.
When you ecomonic downturns, you are supposed to cut rates and inject cash.
Covid was not just a downturn, it was a shutdown, injecting was the only play.
There was no reason for Biden to spend as he did under inflationary pressure.
Biden's unnecessary spending and attacks on production are influencing the Fed to jack rates more, as they should.I: Self, Lord and Master.
"I rub my hands when my palms itch."
"I call you Son not because you Shine but because you Mine."
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02-03-2023, 11:50 AM #86
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02-03-2023, 11:54 AM #87
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02-03-2023, 11:56 AM #88
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02-03-2023, 11:58 AM #89
... i just... your entire persona in this thread is just trash. was it really the prior president's policies that caused this? it wasn't printing trillions of dollars? no impact at all? or is that good, to print money that doesn't have anything to back it. since you're a financial economical guru, splain it to me like a middle schooler. talk to me about inflation, spending, policies (specifics), and lay it all out. Take the time to share your knowledge and enlighten us since you're the sole authority here.
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or i'll just get a cheeky reply. popcorn.gif"We are what we repeatedly do. Excellence then, is not an act, but a habit." -Will Durant
"Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure." - Marianne Williamson
"The only guarantee in life is death, live a life worth dying for." - Me
"He who makes a beast out of himself gets rid of the pain of being a man." - Samuel Johnson
"It's not over UNTIL I WIN!" - John-leslie Brown (Son of Les Brown)
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02-03-2023, 12:09 PM #90
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Goodness, Phil9IQ just can't stop with his homoerotic Trump fantasies. At least this time you didn't call him your daddy!
We get it, you're gay. Nothing wrong with that - it's just strange that you try to push your true sexuality onto others because you're clearly embarrassed and ashamed."At the core of liberalism is the spoiled child - miserable, as all spoiled children are, unsatisfied,
demanding, ill-disciplined, despotic and useless. Liberalism is a philosophy of sniveling brats."
- PJ O'Rourke
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